Client Portfolio Manager

For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.

We are seeking an experienced and detail-oriented Relationship Manager to join our Global Wealth Management team. The ideal candidate will execute trades based on the Chief Investment Officer’s (CIO) directions, conduct due diligence on potential fund investments, monitor current investments, create impactful presentation materials, and maintain strong client relationships. Fluency in Spanish or Portuguese are a big plus for this role, as you will focus largely on Latin American based clients.

Key Responsibilities:

1. Portfolio Management:
   • Help oversee and manage multi-asset portfolios catered to US Offshore clients, ensuring alignment with investment strategies and client objectives.
   • Execute trades based on CIO instructions, ensuring precision and timeliness.
   • Monitor portfolio performance and make adjustments as necessary to optimize returns and manage risk.
2. Due Diligence and Monitoring:
   • Conduct comprehensive due diligence on potential fund investments, including evaluating fund performance, risk factors, and alignment with investment goals.
   • Continuously monitor current investments to ensure they meet performance expectations and adhere to investment guidelines.
   • Prepare detailed reports on due diligence findings and ongoing investment performance for review by the investment team and board committees.
3. Client Engagement:
   • Develop and maintain strong relationships with clients, understanding their financial goals and providing tailored investment advice.
   • Meet with clients regularly to review portfolio performance, discuss strategies, and address any concerns or questions.
   • Serve as the primary point of contact for client inquiries, providing exceptional service and support.
4. Presentation and Reporting:
   • Create comprehensive and visually appealing presentation materials for client meetings, showcasing portfolio performance, market insights, and investment strategies.
   • Prepare detailed reports and documentation to support investment decisions and client communications.
5. Collaboration and Style:
   • Work closely with the CIO and other team members to develop and implement investment strategies.
   • Ensure accuracy and attention to detail in all aspects of work, from trade execution to client reporting.
   • Maintain meticulous records and documentation to support compliance and audit requirements.

#LI-Hybrid

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• Bachelor’s degree in Finance, Economics, Business, or a related field; advanced degree or relevant certifications (e.g., CFA) preferred.
• Minimum of 5 years of experience in portfolio management, investment analysis, or a related field.
• Proficiency in Spanish or Portuguese.
• Strong understanding of US Offshore multi-asset portfolio management and trading.
• Proven experience in conducting due diligence on fund investments and ongoing investment monitoring.
• Excellent communication and interpersonal skills, with the ability to build and maintain client relationships.
• Proficiency in financial software and tools, such as Bloomberg, Excel, Addepar, Morningstar, and portfolio management systems.
• High attention to detail and accuracy in managing and reporting financial data.
• Ability to work independently and collaboratively in a fast-paced, dynamic environment.
• Series 7 registration.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

All your information will be kept confidential according to EEO guidelines.

NO AGENCIES PLEASE.

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.